Global Compostable Food Packaging Supply, Demand and Key Producers, 2023-2029
The global Compostable Food Packaging market size is expected to reach $ 1275.3 million by 2029, rising at a market growth of 5.4% CAGR during the forecast period (2023-2029).
Compostable films are made from bio-polymers, such as starch or polylactic acid (PLA). Compostable packaging film is an environmentally friendly, plant-based, sustainable alternative to oil-based plastic packaging. Many consumer-packaged brands are now offering their products in eco-friendly options to address the ever-rising pressure packagers face to adopt sustainable materials and practices into their business models.
This report studies the global Compostable Food Packaging production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Compostable Food Packaging, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Compostable Food Packaging that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Compostable Food Packaging total production and demand, 2018-2029, (Tons)
Global Compostable Food Packaging total production value, 2018-2029, (USD Million)
Global Compostable Food Packaging production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Compostable Food Packaging consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: Compostable Food Packaging domestic production, consumption, key domestic manufacturers and share
Global Compostable Food Packaging production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global Compostable Food Packaging production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Compostable Food Packaging production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons)
This reports profiles key players in the global Compostable Food Packaging market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TC Transcontinental, Cortec Packaging, TIPA, Elevate Packaging, Futamura, Frankston(Paco Label Systems), Polystar Plastics, CLONDALKIN GROUP and BI-AX International Inc, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Compostable Food Packaging market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Compostable Food Packaging Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Compostable Food Packaging Market, Segmentation by Type
Films
Laminates
Global Compostable Food Packaging Market, Segmentation by Application
Food
Drinks
Dairy Products
Candy
Other
Companies Profiled:
TC Transcontinental
Cortec Packaging
TIPA
Elevate Packaging
Futamura
Frankston(Paco Label Systems)
Polystar Plastics
CLONDALKIN GROUP
BI-AX International Inc
BASF
BioBag International
RKW Group
Dow Chemical
Novamont
Futamura
Amcor
Key Questions Answered
1. How big is the global Compostable Food Packaging market?
2. What is the demand of the global Compostable Food Packaging market?
3. What is the year over year growth of the global Compostable Food Packaging market?
4. What is the production and production value of the global Compostable Food Packaging market?
5. Who are the key producers in the global Compostable Food Packaging market?
6. What are the growth factors driving the market demand?